Notification No. S. O. 972(E)-Income Tax In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961 (43 of 1961), and in supersession of the Notification S.O. 7(E), dated 5th January, 1998, published in the Gazette of India (Extraordinary) on the 5th January, 1998, the Central Board of Direct Taxes hereby specifies fully convertible debentures and bonds to be issued
Notification No. 32 (RE-98) restricts the import of various plastic waste and scrap items in India, including polyethylene, polystyrene, and more.
I am directed to refer to the Courier Imports and Export (Clearance) Regulations, 1998 dated 9th November, 1998 issued by Government of India vide Notification No. 87/98-Cus. (N.T.) dated 9th November, 1998. The new regulations cover assessment and clearance of goods imported or to be exported through courier mode
Public Notice No. 56 (RE-98) deletes “plastic wastes/scrap” from Para 5.3(b) in the Handbook of Procedures, 1997-2002.
In exercise of powers conferred by Section 5 of the Foreign Trade ( Development & Regulation ) Act, 1992 ( No. 22 of 1992 ) read with Paragraph 1.3 of Export and Import Policy 1997-2002 ( incorporating amendments made upto 13.4.98 ) the Central Government hereby makes the following amendment in the Export and Import Policy 1997-2002 ( incorporating amendmendts made upto 13.4.98.
The bank guarantee should be for a minimum period of three years and it should contain a clause which would enable any claim arising during the period of guarantee could be preferred within a period of six months from the expiry of the guarantee.
Attention is also invited to Policy Circular No. 25(RE-98)/98-99 , dt. 24.7.98 and also to Policy Circular No. 43 dt. 13.10.98 releasing a ceiling of one lakh MT of Coarse-grains inclusive of 25,000 MT of the export ceiling of Coarse grain already released. The bifurcation of the balance ceiling of 75,000 MT shall be as 18,750 MT for PSUs and 56,750 MT for Private exporters.
The DEPB rate for export product as given in Appendix 28A at S.No. 3 of Fish & Fish products may be amended to read as 10%. The enhancement in the above DEPB rate shall be effective from 15.4.98 and shall cover exports of such products made on or after 15.4.98.
Notification No. 30 (RE-98) 1997-02 updates import policy for off-highway dumpers, now classified as free for import under specified conditions.
It has been reported by the Commissioner of Customs, Ahmedabad that Private Bonded Warehouses (PBW) areset up under Para 9.21 of the Exim Policy as per the permission given by the concerned Development Commissioner and the Board of Approval. The PBW was allowed to import rough diamonds and sale it in the DTA against the REP Licences, NAW, the RBW intended to re-export a
